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20121201
20121231
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the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es
.s. naval base in pearl harbor, hawaii. last summer a dozen veterans went back to the base where they served and survived. >> at first i thought it was not going to affect me too much. but it is tough to see all of the misery that was created. >> after 70 years, believe me. >> their entire hon horr and flight documented for a film called back to pearl. joining me is chris hibon who is in the air force and pearl harbor survival. known as cookie cook. good morning to both of you. >> good morning. cookie on the morning of december seventh. you were there in the barracks. you were in the shower getting ready for church. >> that's right. >> where were you? do you remember? >> i right there. >> a bomb went ouv nearby. >> it went off down in here. i was underneath this. >> you ran out of the building and smart enough to jump underneath a car. >> yes. >> you felt another gi may have saved your life that day. >> i think so. he was in front of me and they dropped the bombs right in here. and the scrap nel hit him first because he was underthe car in front of me. >> steve: you put this movie together.
morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a lette
for the holidays, the president has gone to hawaii on vacation. white house correspondent brianna keilar tells us no one is really talking, anyone, to get this solved. at least not here at christmas. >> reporter: senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the senate and the house and that would mean democratic and republican support. right now, all eyes on the senate because they will reconvene on the 27th that is thursday. and senate majority leader harry reid, it is up to him really to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that will be very hard for some republicans, maybe even some democrats to sign on to. >> right, and, you know, for just about a week ago, it was common to hear, oh
affected. but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned and why? tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i've always kept my eye on her... but with so much
was in hawaii. this is 15 minutes. >> you will excuse me if i am frustrated in the situation i find myself in. president obama, self and others and asked if there was something we could do to avoid in the fiscal clef. we have been asking the president and the democrats to work with us on a bipartisan agreement for months. a plan that would simplify the tax code, st. the deficit, protect the tax payers, and put the economy. democrats consistently rejecting the offer is. the president chose instead to spend time on the campaign trail. this was after he got reelected. a congressional democrats said on their hands. we have stepped away out of our comfort zone. we wanted an agreement. we had no takers. the phone never rang it. here we are five days after the new year and we might finally start talking. democrats have had a year to put forward a balanced bipartisan proposal. if they had something that fixed the bill, i'm sure the majority leader would have to deliver the votes the president needed to pass it again to of the senate and we would not be and then to of this miss. here we are, once agai
an electromagnetic pulse because a lot of disturbances in hawaii which is about 800 miles away. the soviets had a lot more experience than we. they actually developed -- we designed them but never built them, enhanced e.m.p. weapons. a single large nuclear -- i shouldn't say that. because it doesn't have to be a large bomb. because it could be a relatively small bomb that's e.m.p.-enhanced. a single appropriately bomb detonated three miles high over nebraska or iowa would prank et our whole country and -- blanket our whole country and if the e.m.p. lay down was robust enough, it would essentially fry all of our microelectronics. the grid would be down for a year or more. and your car wouldn't run and there have been a couple of books writ on that subject. one i would -- written on that subject. one i have read which is an easy read and i commend newt gingrich, he brought the author to my office and he mentioned this on the campaign trail, thank you, newt, this was a book called "one second after." i came to my office one day and there was a big book on my desk and there was a hand written note on it
the president from the eisenhower executive office building. the first family remains in hawaii for the christmas holiday vacation and the president returned mid-week last week and spending much of the weekend in negotiations and try to push his message and he made an appearance yesterday on nbc's "meet the press." the house remains in recess with a statement from the house republican whip kevin mccarthy who asked members to stay flexible saying that today's schedule remains fluid and members are advised to remain close to the capital. votes are possible pending action from the senate, please stay as flexible as possible. our phone lines are open so tell us what you think about all this as we approach, within 10 hours of the fiscal cliff deadline, no timetable on when votes would happen in the senate and later in the house. congress is taking up to the last second. it could be well into the evening if anything happens. you can also join the conversation on our facebook page. what is your message to washington -- forge a compromise or go over the cliff? let's get to your phone ca
Search Results 0 to 7 of about 8